#美联储降息

This morning at 3 AM, the Federal Reserve cut interest rates by 25 basis points.

However, the market continues to decline. Why is that?

Currently, there are a few reasons for the decline. The expectation of a rate cut in January has decreased, leading to a lack of confidence in the market.

Then it's the end of the year, and everyone is preparing for the New Year. The economy has been poor in recent years, and people have no money to spend. They are taking some money from the cryptocurrency market to celebrate the New Year, which is called a necessary drop.

Most importantly, the market lacks liquidity; there is no fresh blood entering the market.